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Feb 21, 2013
02/13
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this seems to be one more driven by growth worries coming out of the eu. take a quick look at the damage that's brought in terms of the currency board. the euro over here, there we go, dooits it's down about 0.8%. as for sterling that's also weaker, but just a little bit. the dollar did strengthen significantly after the fed yesterday. everyone is saying it's an overreaction to the fed minutes. we know that what they'ring god is conditions don't stay put. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the decision to sell has been driven by the trustee who own tess state of the former ceo and chairman. peemp say it could fetch mother than
this seems to be one more driven by growth worries coming out of the eu. take a quick look at the damage that's brought in terms of the currency board. the euro over here, there we go, dooits it's down about 0.8%. as for sterling that's also weaker, but just a little bit. the dollar did strengthen significantly after the fed yesterday. everyone is saying it's an overreaction to the fed minutes. we know that what they'ring god is conditions don't stay put. >>> back over here, citi's...
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Feb 8, 2013
02/13
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there hasn't been a ton of move responding to the eu budget meeting which is reportedly winding up right now. there has been a lot of auction. adding 20% candidate as i can see here. the stoxx 600 is adding about 0.5% all told. take a look at this, bwin.com, there's talks about new jersey governor chris christie opening up online gaming. it leaves the possibility out there for atlantic city casinos to offer games like poker online. so bwin has a join venture with boyd gaming which is licensed in new jersey. and the view among analysts is that other states, potentially federal legislation could follow suit. this is a small step in the direction of perhaps allowing more and more of the u.s. market to gamble online, like you can already with this one. up 19%. watch shares generally speaking in the gaming session today because you can expect there will probably be some similar moves. just the final word, we saw the yen strengthening avenue the yen appeared to talk down some of its easing moves. the yen was still 1% stronger. the nikkei ended the day 12-day winning streak with one of its long
there hasn't been a ton of move responding to the eu budget meeting which is reportedly winding up right now. there has been a lot of auction. adding 20% candidate as i can see here. the stoxx 600 is adding about 0.5% all told. take a look at this, bwin.com, there's talks about new jersey governor chris christie opening up online gaming. it leaves the possibility out there for atlantic city casinos to offer games like poker online. so bwin has a join venture with boyd gaming which is licensed...
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Feb 26, 2013
02/13
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reforms going, getting some -- doing some of the things necessary to live up to their commitment to the eu. does this throw a wrench into the works? >> i think we should be thinking about it. the somewhat untold story is that -- >> you heard of this guy before this? >> absolutely. >> was he funny. >> he's funny. it would be a little bit like -- >> jackie mason? >> no -- >> seinfeld. >> robin williams or somebody. he was big in the '80s this guy. he also has been a big part of the political satire, all the rest of it. very, very bright guy. but you know, it's almost an a listic party. it's july real just truly a protest vote. to my knowledge it's gotten over 25% of the vote, the latest thing i've seen. monti is the best of the best. i honestly believe that is one of the, you know, on democracies it's easier to give stuff away. >> two years ago he had just started and i asked why are these pictures of monti in a beach chair. and they all said send monti to the beach. that was two years ago. >> yeah, he's only been in there a group -- grillo is moving. five-star movement is only three years o
reforms going, getting some -- doing some of the things necessary to live up to their commitment to the eu. does this throw a wrench into the works? >> i think we should be thinking about it. the somewhat untold story is that -- >> you heard of this guy before this? >> absolutely. >> was he funny. >> he's funny. it would be a little bit like -- >> jackie mason? >> no -- >> seinfeld. >> robin williams or somebody. he was big in the '80s this...
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Feb 13, 2013
02/13
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he did lay out things like trade agreement with the eu, natural gas, in terms of balancing the budget, how you do that. probably disagreement how he gets there and talked about manufacturing and immigration. seems like a few ideas some business leaders could get on board. from the business roundtable they liked immigration and natural gas parts. obviously, there's a lot of other stuff in there they didn't lik like. >> personally, i can't believe in 2013 we're still having an immigration discussion. >> yeah. >> i think this whole matter should have been resolved years ago. i still think it should be resolved and resolved quickly. thick this who i think this whole focus protecting the border, et cetera. nobody's coming to the united states anymore. the jobs aren't here. in reference to your comments about the president's speech last night, i think this whole direction of renaissance of manufacturing is wonderful. it's terrific. the only problem is we don't have the talented -- we don't have the bodies. so if i were betting, i would say the more the president encoura encourages domestic
he did lay out things like trade agreement with the eu, natural gas, in terms of balancing the budget, how you do that. probably disagreement how he gets there and talked about manufacturing and immigration. seems like a few ideas some business leaders could get on board. from the business roundtable they liked immigration and natural gas parts. obviously, there's a lot of other stuff in there they didn't lik like. >> personally, i can't believe in 2013 we're still having an immigration...
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Feb 12, 2013
02/13
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referendum or an eu budget cut? >> i am very grateful to my honorable friend for his support. it is absolutely right to say that the british parliament speaks clearly about these issues and is listened to carefully in the corridors of brussels. that is true. we should always respect the fact that it is to this parliament that prime ministers have to answer. >> what did other leaders say to the prime minister in the margins about a british referendum? does he believe that this budget deal makes the case for britain staying in europe stronger? >> i would say that the reaction that i have had to the speech i made a few weeks ago has been, on the whole, fairly positive, because people can see that it is not some simplistic argument about an immediate referendum -- it is a well-argued case, i would say, for how europe should reform and how we should secure britain's place within it. these discussions show that britain can get good deals done with partners in europe having made a speech on that subject. i think that actua
referendum or an eu budget cut? >> i am very grateful to my honorable friend for his support. it is absolutely right to say that the british parliament speaks clearly about these issues and is listened to carefully in the corridors of brussels. that is true. we should always respect the fact that it is to this parliament that prime ministers have to answer. >> what did other leaders say to the prime minister in the margins about a british referendum? does he believe that this budget...
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Feb 28, 2013
02/13
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that some kind of special actions, for instance, or giving special job opportunities for -- and the eu commission is already discussing this i think this is something that has to be added, and that, i hope, will also increase the understanding of the population of these countries. >> what do you think about what the bank of japan is doing right now with its policies, really pressuring the yen, that adds pressure, in turn, to the euro, which has pushed higher, versus the yen on these things, the u.s. watches that very closely. what do you think of their policy? >> yes, of course, we do watch it. but i think it's much overblown to speak of the currency war, something like that. what we observe is that the japanese central bank, the japanese government, wants to avoid the deflationary development, which i think makes a lot of sense. so i'm not too much concerned about that. >> so it's not a beggar thy neighbor policy at this point with the central banks around the globe? >> no. if it really leads to higher growth, that is the intention to have, then it's not beggar thy neighbor, then it's
that some kind of special actions, for instance, or giving special job opportunities for -- and the eu commission is already discussing this i think this is something that has to be added, and that, i hope, will also increase the understanding of the population of these countries. >> what do you think about what the bank of japan is doing right now with its policies, really pressuring the yen, that adds pressure, in turn, to the euro, which has pushed higher, versus the yen on these...
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Feb 12, 2013
02/13
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/eu free trade agreement. >> i disagree with that. >> they have big deficiencies, and actually a bulwark on standard setting -- >> you disagree with the idea of trade -- >> no i definitely think trade boosts growth and want to see more net exports. what i have never seen is a connection between free trade agreements and an increase in our gdp or even our positive trade balance. more often than not -- >> when you look at nafta, haven't they finally concluded that there were more jobs created here because we were selling more? >> no, in fact, nafta is a -- nafta is a good example -- >> trade balance with mexico went negative. i'm saying after nafta our trade deficit with mexico went from positive to negative. >> nothing happens in a vacuum. >> it's a -- >> but -- >> current -- >> intellectually -- >> don't you know that free trade -- >> absolutely. i'm all for free trade. the nafta we were just talking about, it was 1200 pages. it actually doesn't take that long to write a free trade agreement. the nafta and many others -- >> that was shorter than the health care reform bill? >> you know,
/eu free trade agreement. >> i disagree with that. >> they have big deficiencies, and actually a bulwark on standard setting -- >> you disagree with the idea of trade -- >> no i definitely think trade boosts growth and want to see more net exports. what i have never seen is a connection between free trade agreements and an increase in our gdp or even our positive trade balance. more often than not -- >> when you look at nafta, haven't they finally concluded that...
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Feb 14, 2013
02/13
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after years of very little progress, the e appears to -- the eu appears to have an ally in what has. >> president obama announced the start of trade negotiations on a trade deal. brussels said talks could begin before summer. if successful, those negotiations would result in the biggest financial trade deal ever. >> the eu and u.s. already trade some 2 billion euros worth of goods and services every day. about 1/3 of total global commerce. president obama wants to bring that commerce into what would be the world's biggest free trade zone. the european commission says that would have world wide applications. >> which translates into tens of billions of euros every year and tens of thousands of new jobs. this offers us a great perspective at a time when we are gradually making our way to recovery. most important of all, it is a boost to our economies that does not cost 1 cent of taxpayer money. >> both sides stand to benefit. economists to warn that negotiations will be tough. the eu and washington disagree on issues ranging from industrial trade barriers and agricultural standards to
after years of very little progress, the e appears to -- the eu appears to have an ally in what has. >> president obama announced the start of trade negotiations on a trade deal. brussels said talks could begin before summer. if successful, those negotiations would result in the biggest financial trade deal ever. >> the eu and u.s. already trade some 2 billion euros worth of goods and services every day. about 1/3 of total global commerce. president obama wants to bring that...
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Feb 8, 2013
02/13
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in europe, the eu summit continues. but the action really taking its cues from china this morning. we have green arrows across the board in europe. take a look at asia. strong eco data out of china in focus. much more on that in just a moment. the road map begins at the golden arches. not even the cheddar onion burgers could help mcdonald's. they missed estimates in every region. asia was down a whopping 9.5%. >> exports boomed 25%, inflation cooled, but met expectations, capping off a two-week winning streak for stocks. >> a blowout quarter, users increase continued in momentum. >> the storm could be one for the record books. forecast calling for as much as 2 1/2 feet of snow in some parts of the northeast. already more than 3,700 flights have been canceled. we'll get more from the weather channel on the path of nemo. >>> mcdonald's down 1.9 in january. middle east and africa, europe saw a 1%, 2% decline. u.s. the only bright spot. comps up 9%. even some suggestion that asia, which is 40% japan, but also china, got tainted with the chicken contamination scare. >> that wouldn't sur
in europe, the eu summit continues. but the action really taking its cues from china this morning. we have green arrows across the board in europe. take a look at asia. strong eco data out of china in focus. much more on that in just a moment. the road map begins at the golden arches. not even the cheddar onion burgers could help mcdonald's. they missed estimates in every region. asia was down a whopping 9.5%. >> exports boomed 25%, inflation cooled, but met expectations, capping off a...
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Feb 17, 2013
02/13
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KQED
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eu trade pac would have to be approved by the eu's 27 member states and by the u.s. congress. question how likely is a u.s. eu free trade agreement by next year. mort? >> highly likely. it is such a game changer everybody will realize what an enormous benefit it is. there are going to be regulatory problems we have to work out with the common market, agricultural issues as you suggested here but ultimately, it is such a plus for both sides that this is going to go through. won't be easy but it will get done. >> is my recollection correct that you predicted this on this program what three or four weeks ago? >> yes several weeks ago. that's right. >> did you have insider information on this? >> yes, i did. >> who did you talk to? >> i'll get back to you on that. >> why don't you get back to us right now. did you talk to the brits? >> i'm not in a position to talk about how i got it. i found out we were doing this. >> do you realize how huge this deal would be? >> yes, it is an absolutely constructive steps for both sides i don't no it is not. >> why? >> i'll tell you why. mort,
eu trade pac would have to be approved by the eu's 27 member states and by the u.s. congress. question how likely is a u.s. eu free trade agreement by next year. mort? >> highly likely. it is such a game changer everybody will realize what an enormous benefit it is. there are going to be regulatory problems we have to work out with the common market, agricultural issues as you suggested here but ultimately, it is such a plus for both sides that this is going to go through. won't be easy...
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Feb 27, 2013
02/13
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. >> the agenda for his talks today also included plans for a free-trade agreement between the eu and the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the relationship with the u.s. >> i record a great deal of importance to transatlantic ties. we do not just have common values. we also face common tasks. >> a number of these challenges were discussed at an earlier meeting with kerry's german counterpart. first and foremost, the plans for a new free trade deal between the u.s. and europe. >> germany is our largest trade partner in europe, and we want to see even more trade and investment that will create jobs -- jobs for -- jobs for germans, for americans, for all europeans. >> negotiations are set to begin within months, and i of the two sides managed to overco
. >> the agenda for his talks today also included plans for a free-trade agreement between the eu and the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the...
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Feb 15, 2013
02/13
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. >> we have scotland and then we will have the eu probably about 16 or 17 after the next -- >> i've invited you to be the 51st state over here. >> that's all you will be over here. >> you try to tax us without representation, we'll try to -- >> it's a good number. >> martin b what do you think about the referendum? >> i got myself into trouble by saying that it increases uncertainty. it's what i called the fifth grace one and so there's more uncertainty now. from a political point of view, there's -- >> because of the referendum? right. the prime minister made the right decision. the uk sort of right wing party, it liked the tea party, i guess, in some respects has gained 16% of the vote according to the polls. take more from the trres or from labor. so i think the prime minister was concerned about that. having a referendum laid it out. we did some polling, online polling after the speech. they thought the referendum was right. content of the speech was good, they would vote for the coming out of. there's a lot of work to be done until we get to the referendum what does it mean tor
. >> we have scotland and then we will have the eu probably about 16 or 17 after the next -- >> i've invited you to be the 51st state over here. >> that's all you will be over here. >> you try to tax us without representation, we'll try to -- >> it's a good number. >> martin b what do you think about the referendum? >> i got myself into trouble by saying that it increases uncertainty. it's what i called the fifth grace one and so there's more...
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Feb 18, 2013
02/13
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/eu free trade agreement. i think that's really good news, coupled with what we're maybe trying to do in asia. that's at least a little bit of pro-growth common ground that both parties can try to tackle together. >> gentlemen, great to have you on the program. thanks so much. we will be watching many of these ideas manifest in the coming years. see you soon. tony t fratto, michael beschloss joining us. >>> up next "on the money," over came china's cultural revolution to become a star of america's [ male announcer ] pillsbury grands biscuits. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've got snack-defying, satisfying totino's pizza rolls. [ ringing ] it's on. let's roll. >>> our entrepreneurs born or made? my next guest tells a remarkable story o
/eu free trade agreement. i think that's really good news, coupled with what we're maybe trying to do in asia. that's at least a little bit of pro-growth common ground that both parties can try to tackle together. >> gentlemen, great to have you on the program. thanks so much. we will be watching many of these ideas manifest in the coming years. see you soon. tony t fratto, michael beschloss joining us. >>> up next "on the money," over came china's cultural revolution...
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Feb 28, 2013
02/13
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it's not automatic because it still needs be effectively signed off by eu heads of state or eu finance ministers. as it's laid out, the european parliament in conjunction has decided this is what's going to happen. it is the far restricted cap on bonuses in the banking sector anywhere in the world. >> and london can't opt out, it sounds like. >> though. >> so if this moves forward -- i don't know what other levage, at a time when the uk is talking about renegotiating its rip with the european union. this seems like one area where it comes into focus. >> and it still has to be officially signed off. but at the moment, that's what's laid out. >> i just wonder if mayor bloomberg in new york is going, yeah, go ahead, guys. guys, if you want your bonus, you can come right over here. >> they're all looking at this thinking, this is good for pus. >> the other story we're following this morning is the sequester. fitch has said it could prompt negative ratings action. not because of the sequester itself necessarily, but because of the politics and the way it was handled. head to cnbc.com to rea
it's not automatic because it still needs be effectively signed off by eu heads of state or eu finance ministers. as it's laid out, the european parliament in conjunction has decided this is what's going to happen. it is the far restricted cap on bonuses in the banking sector anywhere in the world. >> and london can't opt out, it sounds like. >> though. >> so if this moves forward -- i don't know what other levage, at a time when the uk is talking about renegotiating its rip...
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Feb 25, 2013
02/13
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cyprus asked the eu and others for a bailout package last june, but have yet to reach a deal. >>> and now to the latest on the academy awards held sunday night in los angeles. this 85th edition saw the triumph of "argo" directed by ben affleck. it won in the best picture and two other categories. "argo" competed against several high-profile features including steve spielberg's "lincoln" and "zero dark 30." ben affleck's film received two more oscars in the film editing and adapted screenplay categories. ang lee snatched best director for "life of pi". it received the largest number of awards. there were a total of four oscars. daniel day-lewis' portrayal of abraham lincoln earned him the best actor award. he was the first man to be awarded three oscars in this category. media in iran have criticized "argo" for being what they call a highly fictitious account of the crisis and portraying iranians as evil. our correspondent in tehran says iranian producers are working on their own version of the story. >>> japan's prime minister named his choice for the next bank of japan chief. he plan
cyprus asked the eu and others for a bailout package last june, but have yet to reach a deal. >>> and now to the latest on the academy awards held sunday night in los angeles. this 85th edition saw the triumph of "argo" directed by ben affleck. it won in the best picture and two other categories. "argo" competed against several high-profile features including steve spielberg's "lincoln" and "zero dark 30." ben affleck's film received two more...
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Feb 12, 2013
02/13
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the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues like this have had impact on the korean market. so that explains the absence of such strong reaction on the stock market. but the latest that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been p
the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea...
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Feb 1, 2013
02/13
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FOXNEWSW
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and eu terrorist list. very anti-american, very anti-nato. they attacked turkish military and security installations. at some point that switched and they went after u.s. diplomats and u.s. military. they were particularly active during the gulf war, and they've killed dozens of people since the '70s. they finance themselves by robberies and extortion. experts don't rule out they may have been subcontracted by another group. in fact, i was reading the newspapers a short while ago, shep. there was an article that said this was a splinter group of a larger organization backed by iran and syria. now, we don't have any confirmation of that, but again, there's always the possibility that they were subcontracted by someone else, the u.s. saying that they're following turkey's lead at this point but so far, turkey is just saying that it was this leftist group. >> shepard: amy kellogg in london. thanks so much. experts call ankara one of the safest cities in the region but consider turkey's neighbors, iran to the east, syria to the south and united s
and eu terrorist list. very anti-american, very anti-nato. they attacked turkish military and security installations. at some point that switched and they went after u.s. diplomats and u.s. military. they were particularly active during the gulf war, and they've killed dozens of people since the '70s. they finance themselves by robberies and extortion. experts don't rule out they may have been subcontracted by another group. in fact, i was reading the newspapers a short while ago, shep. there...
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Feb 14, 2013
02/13
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-eu freed trade agreement which was mentioned by president obama's in tuesday night's state of the union address might help job wise on both sides. remember, $650 billion a year in trade on both sides of the atlantic, a two-way trade deals. again that is a couple years down the road. bill: greg, thanks. hang in there. it's been a long road. greg palkot out of london today. martha: this story is shocking the country today. in 2012 he made history when he competed in the olympic days. today he has been charged in a murder. new details in the stunning says of this track champion accused of killing his girlfriend. bill: why would a first grade teacher be suspended after playing hide and seek with his students? that ace good question. is a good question. >> there are things that you can and can't do. reall really you can't do security off the cuff. have you to train and prepare for it. i'm tasting both the yogurt and the honey at the same time. i'm like digging this yogurt thing. i feel healthy. new honey bunches of oats greek. but take comfort. it may not be you; it may be your razor. upgrad
-eu freed trade agreement which was mentioned by president obama's in tuesday night's state of the union address might help job wise on both sides. remember, $650 billion a year in trade on both sides of the atlantic, a two-way trade deals. again that is a couple years down the road. bill: greg, thanks. hang in there. it's been a long road. greg palkot out of london today. martha: this story is shocking the country today. in 2012 he made history when he competed in the olympic days. today he...
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Feb 17, 2013
02/13
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WBAL
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/eu free trade agreement. i think that's really good news, coupled with what we're maybe trying to do in asia. that's at least a little bit of pro-growth common ground that both parties can try to tackle together. >> gentlemen, great to have you on the program. thanks so much. we will be watching many of these ideas manifest in the coming years. see you soon. tony t fratto, michael beschloss joining us. >>> up next "on the money," over came china's cultural revolution to become a star of america's >>> our entrepreneurs born or made? my next guest tells a remarkable story of innovation. she remade her own life, surviving a difficult youth in mao's china and american technology pioneer. king few is author of the memoir "bend not break." ping, great to have you on the program. thanks for joining us. >> so pleased to be here, maria. >> the memoir is actually a page turner. we were so looking forward to ha having you. it's been quite a journey. beginning with being sent to a labor camp at age 8 where you cared for
/eu free trade agreement. i think that's really good news, coupled with what we're maybe trying to do in asia. that's at least a little bit of pro-growth common ground that both parties can try to tackle together. >> gentlemen, great to have you on the program. thanks so much. we will be watching many of these ideas manifest in the coming years. see you soon. tony t fratto, michael beschloss joining us. >>> up next "on the money," over came china's cultural revolution...
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Feb 26, 2013
02/13
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and the eu have imposed sanctions to encourage them to abandon their nuclear ambitions. iranian leaders show little sign of slowing down their nuclear program. last week they announced the construction of new nuclear plans. >>> new u.s. secretary of state john kerry has sent a clear message to iran's leaders. he said their degrlegates must ready to compromise. he was in london on his first trip abroad. he met with british prime minister. kerry and hague said they agree that stopping the program is a priority. >> as we've repeatedly made clear the window for a diplomatic solution simply cannot by definition remain open forever. >> kerry also made a direct plea to syria's opposition leaders. last friday they said they will stay away from the meeting. the international community is not doing enough to challenge the assad regime. >>> israeli leaders are taking their own steps to make sure they are safe from a nuclear iran. they unveiled arrow 3 missile. it can shot down missiles in outer space. th they won't rule out military intervention. it can reach targets in israel. the
and the eu have imposed sanctions to encourage them to abandon their nuclear ambitions. iranian leaders show little sign of slowing down their nuclear program. last week they announced the construction of new nuclear plans. >>> new u.s. secretary of state john kerry has sent a clear message to iran's leaders. he said their degrlegates must ready to compromise. he was in london on his first trip abroad. he met with british prime minister. kerry and hague said they agree that stopping...
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Feb 18, 2013
02/13
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/eu free trade agreement. i think that's really good news, coupled with what we're maybe trying to do in asia. that's at least a little bit of pro-growth common ground that both parties can try to tackle together. >> gentlemen, great to have you on the program. thanks so much. we will be watching many of these ideas manifest in the coming years. see you soon. >> thanks. >> tony fratto, michael beschloss joining us. >>> up next "on the money," the entrepreneur who became china's consult cultural revolution to become a star of america's capitalism. ping fu will join me. >> this is a 3d printed shoe. [ indistinct conversations ] [ male announcer ] when you wear dentures you may not know it, but your mouth is under attack. food particles infiltrate and bacteria proliferate. ♪ protect your mouth, with fixodent. the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >>> are entrepreneurs born or made? my next guest tells a remarkable story
/eu free trade agreement. i think that's really good news, coupled with what we're maybe trying to do in asia. that's at least a little bit of pro-growth common ground that both parties can try to tackle together. >> gentlemen, great to have you on the program. thanks so much. we will be watching many of these ideas manifest in the coming years. see you soon. >> thanks. >> tony fratto, michael beschloss joining us. >>> up next "on the money," the...
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Feb 8, 2013
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. >>> the eu leaders have agreed to a drastically reduced budget. the seven-year deal for 1.28 trillion dollars is the first spending cut in the union's 27-year history. it must still be approved by the eu parliament and lawmakers are already suggesting massive cuts are not acceptable. police in three western states and mexico are still searching for a former lapd officer who was accused of killing three people and threatening dozens more. let's get an update tonight from lapd headquarters and correspondent alicia acuna. >> reporter: because of the heavy snow in the mountains, the air search with the heat seeking equipment they've been using has been grounded. however, officials do say snow on the ground does help them track folks. >> our folks are highly trained. that's what h we train for. >> reporter: the manhunt for christopher dorner carries on despite the snow. >> we're going to continue searching until either we discover that he left the mountain or we find him, one of the two. >> reporter: the last signs of the fired lapd officer were the tr
. >>> the eu leaders have agreed to a drastically reduced budget. the seven-year deal for 1.28 trillion dollars is the first spending cut in the union's 27-year history. it must still be approved by the eu parliament and lawmakers are already suggesting massive cuts are not acceptable. police in three western states and mexico are still searching for a former lapd officer who was accused of killing three people and threatening dozens more. let's get an update tonight from lapd...
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Feb 26, 2013
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they're no longer worried, i think about our economy being overwhelmed, either by europe at large, the eu or china somehow swallowing up here bit of innovation that exists in the world and they're no longer, i think, worried about our, our economy being overwelcomed beyond our shores. but, and i don't think there's no, there is he' very little doubt in any circles out there. about america's ability to be in a position to lead the world in the 21st century, not only in terms of our foreign policy, our incredible defense establishment, but economically. >> governor, fewer americans are working, the last quarter the economy just contracted and we've got 50 million americans on food stamps and 6 trillion in new debt. and what alternate university is crazy uncle joe living in here? >> let's just say i wouldn't characterize it the way he said it. the fact of the matter is that most american families have done worse in the obama, quote, recovery than they did during the the recession. and median family income went down $1500 during the the recession itself, and then went down another $2500 durin
they're no longer worried, i think about our economy being overwhelmed, either by europe at large, the eu or china somehow swallowing up here bit of innovation that exists in the world and they're no longer, i think, worried about our, our economy being overwelcomed beyond our shores. but, and i don't think there's no, there is he' very little doubt in any circles out there. about america's ability to be in a position to lead the world in the 21st century, not only in terms of our foreign...
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Feb 4, 2013
02/13
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you say you're cautious on some of the bulge names in part because of the eu risk is higher in those. how serious do you take a day like today on that front? >> well, our biggest concern really is the continued unstable nature of greece. i think spain and italy will be fine as long as greece doesn't create a chain reaction, which i think it will. and i'm still very concerned about what is going on there. but as you guys pointed out, you know, you came into early 10, early 11, early 12 and felt good, trends were good and the eu kind of put the kibosh on ceo confidence and capital markets activity. i'm concerned about that. >> you seem less worried. >> we're more worried about the u.s. economy. i think what we're seeing now in the marketplace makes sense. we had the megabanks lead the rally late last year. we recently have switched to the regional banks outperforming the megabanks and now we're getting that normal consolidation period which is to be expected. look at the ten-year treasury yield, that's what we say. if above ten for first quarter -- above 2% for first quarter, then earni
you say you're cautious on some of the bulge names in part because of the eu risk is higher in those. how serious do you take a day like today on that front? >> well, our biggest concern really is the continued unstable nature of greece. i think spain and italy will be fine as long as greece doesn't create a chain reaction, which i think it will. and i'm still very concerned about what is going on there. but as you guys pointed out, you know, you came into early 10, early 11, early 12 and...
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Feb 25, 2013
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are no longer worried i think about our economy being overwhelmed either by europe writ large, the eu or china somehow swallowing up every bit of innovation that exist in the world. they are no longer i think worried about our economy being overwhelmed beyond our shores. but, and i don't think there is no, very little doubt in any circles out there about america's ability to be in position to lead the world in the 21st century. not only in terms of our foreign policy, our incredible defense establishment, but economically. i think the american people are ready to get up as a civil rights leader when i was coming up as a kid said, the american people are just tired of being tired. get up and move. you guys know that because it's happening in your state. you're probably feeling it in your fingertips more than most of us do here in washington. and as i said i think they know we're better positioned than any of the nation in the world to lead the world. and that's what i think they are so frustrated by what they see and don't see happening here in washington. and i think their frustration
are no longer worried i think about our economy being overwhelmed either by europe writ large, the eu or china somehow swallowing up every bit of innovation that exist in the world. they are no longer i think worried about our economy being overwhelmed beyond our shores. but, and i don't think there is no, very little doubt in any circles out there about america's ability to be in position to lead the world in the 21st century. not only in terms of our foreign policy, our incredible defense...
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Feb 21, 2013
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india and the eu, absolutely. i would be remiss if i conveyed the impression that with our economic relationship that i was trying to sound as if we had no complaints. i was saying that with all trading partners, you inevitably get involved with the agreement over one particular aspect of trade over another. since that narrative is good, we need to focus on that and put these into something like the trade policy forum and deal with them separately. but we have made substantial progress. i believe there'll be one that where i hope we can finally get a deal. we have a great deal of progress and matters related industry and agriculture. that gap remains to be breached. it is certainly giving us a lot of attention. negotiating *, you have the same set of people that are debating these issues and all of their partners. we need to conclude this and we will be looking for a win-win proposition. >> we have a group right here. >> i am from brookings next door. i hate to put you on the spot here, but this just came out and
india and the eu, absolutely. i would be remiss if i conveyed the impression that with our economic relationship that i was trying to sound as if we had no complaints. i was saying that with all trading partners, you inevitably get involved with the agreement over one particular aspect of trade over another. since that narrative is good, we need to focus on that and put these into something like the trade policy forum and deal with them separately. but we have made substantial progress. i...
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Feb 7, 2013
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. >> now we go into a full eu heads of state summit. it will be interesting to see if that theory about the euro gains further traction. >> let's roll out the red carpet and watch for the arrivals. thanks, simon. let's get to rick santelli in chicago, where we're still talking about your punch bowl this morning, rick. >>> i'll tell you what, it never ceases to amaze me where somebody like mr. rubin could say nobody could have nope, and yet the government singles out s&p. there's more to this story, or maybe there isn't. like i said, you can't fight city hall. one guy always fighting the battle keeping us informed about what may or may not be happening in europe is mark brand, southwest securities. mark, you were just listening to mr. draghi, and many of your comments, along with many traders on this floor, everyone was wondering when a big salvo to lower the value of the euro will be emanating from europe to keep up with the japanese. has that day arrived? >> no, the day hasn't arrived ye. i'll tell you what has arrived. the way the eu
. >> now we go into a full eu heads of state summit. it will be interesting to see if that theory about the euro gains further traction. >> let's roll out the red carpet and watch for the arrivals. thanks, simon. let's get to rick santelli in chicago, where we're still talking about your punch bowl this morning, rick. >>> i'll tell you what, it never ceases to amaze me where somebody like mr. rubin could say nobody could have nope, and yet the government singles out...
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Feb 20, 2013
02/13
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because there's some talks coming up now in kazakhstan of all places in late february involving the eu, the united states and the iranians. and so this is going to be a venue in which people are going to be able to see to a certain extent how serious iran is about negotiating on limits on its nuclear program. there hasn't been negotiations for some significant period of time. and this is an opportunity to test the iranians. i think this initial round is not going to prove much but certainly over the next six months, i think there will be an ample opportunity to see if there is an intent on the iranian part to reach some sort of compromise. >> rose: leon panetta and others have said the following. we have no information that there's been a decision on the part of the iranian government and the most influential people there to builds a nuclear weapon and a missile that will deliver it. what do they mean when they say that? >> well, i can't really speak for them but i think it's pretty clear that iran has made the decision to have a nuclear weapons program. and there's really nothing el t
because there's some talks coming up now in kazakhstan of all places in late february involving the eu, the united states and the iranians. and so this is going to be a venue in which people are going to be able to see to a certain extent how serious iran is about negotiating on limits on its nuclear program. there hasn't been negotiations for some significant period of time. and this is an opportunity to test the iranians. i think this initial round is not going to prove much but certainly...
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Feb 18, 2013
02/13
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controversial nominee that refused to sign letters supporting israel and, refused to sign a letter asking the eu to designate hezbollah as a terrorist organization and the list goes on and on and on but at the end of the day, this is the president's decision, i give him great discretion and can't believe one democratic colleague is not upset by this choice, enough to speak out. >> chris: now, one of the other things you want and you are using the nomination as leverage, is to get more information about benghazi, the president says that that is all about politics. take a look at this: >> president barack obama: we've had more testimony and more paper provided to congress than ever before, and, congress is sort of running out of things to ask. >> chris: question, tell me the single most important thing that after all of these months you still don't know about benghazi. >> pretty hard. let's start with after. we don't know who changed the talking points to take the references to al qaeda, or the talking points given to susan rice and don't know who the survivors of the attack are so congress can in
controversial nominee that refused to sign letters supporting israel and, refused to sign a letter asking the eu to designate hezbollah as a terrorist organization and the list goes on and on and on but at the end of the day, this is the president's decision, i give him great discretion and can't believe one democratic colleague is not upset by this choice, enough to speak out. >> chris: now, one of the other things you want and you are using the nomination as leverage, is to get more...
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Feb 19, 2013
02/13
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. >> new car registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome to today's, a bit of a transport theme going on this morning. >> or lack thereof. >> well, there's bmw, has their recalled. you have to take your one and three series back. >> the thing about the bmw is people have to take them to the special bmw shop, anyway. when you have a recall like this, it's a pretty straightforward process for owners. >> then making a replica of the "titanic." some people are worried they're making it in a chinese shipyard. >> they're pitching this with "titanic" with a twist. some say the twist should be maybe this time it won't sink. >> they are going to do the original sailing route. what happens whe
. >> new car registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all...